Overview
What is White County Economic Development Organization Inc?
White County Economic Development Organization Inc, based in Monticello, Indiana, is a nonprofit organization dedicated to bolstering the economy of White County. Their primary mission is to foster the growth and development of businesses and industries within the region. In 2022, they surpassed their targets, making 58 business retention/expansion visits, receiving 84 leads, and experiencing 14 business expansions or new businesses, resulting in a significant $61 million in new investments. Their efforts primarily focus on attracting and maintaining industries in White County, Indiana.
Official website here: www.whitecountyin.org
Is White County Economic Development Organization Inc legitimate?
White County Economic Development Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. White County Economic Development Organization Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $204,099
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,144
For more financial information, click here
Official website here: www.whitecountyin.org
What is the mission statement of White County Economic Development Organization Inc?
The White County Economic Development Organization Inc, in its mission, works towards enhancing the economic growth and development of the region. This is achieved by facilitating the expansion and establishment of businesses and industries within the area. In the year 2022, the organization exceeded its targets, making 58 business retention/expansion visits, receiving 84 leads, and experiencing 14 business expansions or new businesses. These activities resulted in 61 million dollars in new investments, accounting for 87% of their set goal.
Official website here: www.whitecountyin.org
What is the revenue of White County Economic Development Organization Inc?
White County Economic Development Organization Inc's revenue in 2024 was $364,600.
Official website here: www.whitecountyin.org
Who are the executives of White County Economic Development Organization Inc and what are their salaries?
The average compensation at White County Economic Development Organization Inc during 2024 was $71,414. There are 3 employees and 24 volunteers at White County Economic Development Organization Inc.
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Official website here: www.whitecountyin.org
Where can I find the form 990 for White County Economic Development Organization Inc?
White County Economic Development Organization Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.whitecountyin.org
Learn more at the official website: www.whitecountyin.org
Mission Statement of White County Economic Development Organization Inc
The White County Economic Development Organization Inc, in its mission, strives to enhance the economic growth and development of businesses and industries within the county. By facilitating this growth, the organization aims to bolster the overall economy of White County. In pursuit of this objective, the organization undertakes various initiatives, such as attracting and retaining existing industries, and assisting in the establishment of new businesses. In the year 2022, the organization achieved significant milestones, exceeding its targets in several key areas, including business retention/expansion visits, lead generation, and business expansions or new business establishments, resulting in substantial new investments.
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Impact
October, 2024
White County Economic Development Organization Inc plays a pivotal role in enhancing the economy of White County, Indiana by fostering business growth and development. In 2022 alone, the organization made significant strides, conducting 58 business retention and expansion visits—an impressive 145% of their goal—which underscores their commitment to supporting existing businesses.
They actively pursued new opportunities by generating 84 leads, achieving an extraordinary 336% of their target. This proactive approach has culminated in 14 business expansions or new ventures, which, while meeting 70% of their goal, still reflects a positive trend in economic activity. Collectively, these efforts have resulted in $61 million in new investments, reaching 87% of their financial goal.
Through these initiatives, White County Economic Development Organization Inc not only aids in attracting and maintaining industry but also contributes to the overall improvement of the community's economic landscape. Their ongoing engagement with local businesses demonstrates a steadfast commitment to enhancing the region's economic vitality.
This information is meant to be a general summary of White County Economic Development Organization Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $13,160
- Program Service Revenue: $11,050
- Gross Receipts: $364,600
Assets and Liabilities:
- Total Assets: $418,029
- Total Liabilities: $0
- Net Assets: $418,029
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEADERSHIP PROGRAM
Revenue
$11,050
Organization Details
Founding Year
1985
Principal Officer
Randy Strasser
Website
www.whitecountyin.orgNTEE Category
Code: S30 - Community improvement
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